Breaking News
That's a bang! Berkshire/Buffett halves its Apple position. Just came through the tickers. That means they sold about 80 billion worth of Apple shares the past quarter. His cash position is now ar a record high of 277 billion Dollar.
This should not help calm the alteady nervous markets next week, let alone tech. Apple stock will probably dive for now on Monday since many investors might follow Buffetts lead.
Does Grandpa Warren know something we don’t? Or is he just cautious in view of the coming cycle of interest rate cuts and the weakening economy?